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Humphreys Real Estate - LAUNCESTON

53 William Street Launceston, TAS 7250

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53 William Street,
Launceston, TAS 7250

Shops & Retail • Hotel, Motel & Leisure • Development Sites & Land
Added 3 days ago

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Humphreys Real Estate - LAUNCESTON
Ben Humphreys

Humphreys Real Estate - LAUNCESTON

Ground Floor, 30 Brisbane Street
LAUNCESTON, TAS 7250
04085693...
Humphreys Real Estate - LAUNCESTON
53 William Street
Launceston, TAS 7250

Map of 53 William Street

Directions
  • Bus stops within 5 km of 53 William Street, Launceston, TAS 7250Distance
    Stop 2 William St163 m
    City Park Grand163 m
    Sebel179 m
    Stop 1, St John St186 m
    Grand Chancellor224 m
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Strategically Positioned with Development Upside

Offered for sale is a solid brick and metal clad warehouse superbly positioned on the city fringe of Launceston’s CBD, within an increasingly active precinct characterised by hospitality and tourism venues, professional services, and mixed-use redevelopment.

Occupying a site of approximately 714m², the property comprises a 394m² (approx.) brick warehouse with some metal cladding and character timber framework, offering 371m2 (approx.) clear floor area with multiple vehicular access points and excellent on-site car parking, presenting a rare opportunity for owner-occupiers, investors, or developers seeking a foothold in a tightly held inner-city location.

The surrounding area continues to evolve, benefitting from its proximity to the CBD while attracting boutique and large scale hospitality operators, consulting rooms, creative industries, and service-based businesses, not to mention Boags Brewery and Brewhouse. This transition enhances the property’s appeal for conversion subject to council approval. This is further evidenced by the substantial nearby Fragrance Hotel currently under construction and a proposed new hospitality venture next door.

The existing improvements provide functional warehouse accommodation with the inherent strength and character of brick construction with some metal cladding, offering immediate use while preserving flexibility for future repositioning and conversion.

Key Features:
- Brick and metal clad warehouse of approximately 394m² (Gross Building Area)
- Character timber framework
- Generous landholding of approximately 714m²
- City-edge location near Launceston CBD
- William Street frontage with Laneway access
- Positioned within a developing hospitality, tourism and professional services precinct
- Strong potential for redevelopment or conversion (STCA)
- Excellent on-site car parking
- Well suited to investors, owner-occupiers, or developers

With inner-city land becoming increasingly scarce, 53 William Street represents a compelling opportunity to secure a strategically located asset with both immediate utility and long-term upside in one of Launceston’s most dynamic fringe-CBD areas.

The information on this website has in part been supplied to Humphreys Real Estate Pty. Ltd .by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the properties

The information on this website has in part been supplied to Humphreys Real Estate Pty. Ltd. by third parties and Humphreys Real Estate Pty. Ltd. has not checked the accuracy of the information and does no more than pass it on.

Launceston, 7250 demographic data

The median household income for Launceston is $1,439, 17% higher than Regional Tasmania's household income of $1,225. Launceston has a younger age profile compared to the rest of Regional Tasmania (median age 41 vs 45). Property ownership data shows 34% of property owners in Launceston have a mortgage.

3,110
Population
$1,439 per week
Median household income
41 years
Median age
Renters
Most residents
Families
Most households
Humphreys Real Estate - LAUNCESTON
Ground Floor, 30 Brisbane Street
LAUNCESTON, TAS 7250

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